Question

State any two characteristics of planning.

Hint:

Planning is both a foresight and a bridge between where we are and where we want to go.

Answer 1

Step 1: Understanding Planning.
Planning is the process of setting objectives and determining the best course of action to achieve them in advance. It acts as the foundation of all managerial functions.
Step 2: Characteristics of Planning.
1. Goal-oriented: Every plan is designed with specific objectives in mind.
2. Primary Function: Planning is the first and most essential managerial function on which other functions depend.
Step 3: Conclusion.
Thus, planning serves as a roadmap for the organization, providing direction and reducing uncertainty.